Basel Measurement & Analytics - Analyst at JPMorganChase in Newark, DE

Impact JPMorgan's Capital Management with a focus on Basel Risk Weighted Asset production and related technology & Regulatory projects

Ready to join a team that is the driving force behind regulatory capital excellence at JPMorganChase? The Basel Measurement and Analytics (BM&A) Team within Treasury functions as trusted partners to key areas such as Capital Management, Capital & Liquidity Policy (C&LP), Credit Risk Reporting, Firmwide Regulatory Reporting & Analysis (FRRA), and the Lines of Business (LOBs). We champion best practices and accountability in the Regulatory Capital and Risk-Weighted Assets (RWA) production process. Our team delivers Firmwide Capital and RWA results every month, while leading the implementation, design, and reporting infrastructure for Basel Rules and other capital requirements including Supplementary Leverage Ratio (SLR) and the Capital Numerator. Additionally, our team manages Quantitative Impact Studies (QIS) for regulators and provides expert responses to stakeholder inquiries on capital-related matters and estimates.

As an Analyst in the Basel Measurement and Analytics (BM&A) team, you will work with line of business Controllers to support the calculation and analysis of RWA results. You will be responsible for producing RWA under Basel rules, analyzing quarter-over-quarter RWA variances, and interfacing with LOB controllers to determine variance drivers such as portfolio changes, policy updates, and capital treatment. You will be involved in the end-to-end production process and be part of issue identification, tracking, and resolution. Additionally, you will be instrumental in supporting and leading projects to advance the current Capital Infrastructure.

Job Responsibilities

• Support the collection and aggregation of monthly RWA datasets
• Perform routine data validation controls for reporting accuracy
• Analyze period-over-period exposure and RWA trends
• Investigate and resolve data gaps and reporting issues
• Complete monthly and quarterly reporting deliverables with urgency
• Support project work and test cases
• Collaborate with business partners and handle day-to-day inquiries
• Prepare and present updates to senior management and extended stakeholders

Required qualifications, capabilities and skills

• Bachelor’s Degree in Finance, Accounting, Management Information Systems, or Economics
• Treasury, Financial or Regulatory Reporting experience at a financial institution or related intern/co-op experience
• Strong problem solving and analytical skills, able to work independently, and possess a controls mindset
• Self-motivated individual who seeks challenges
• Strong communication and relationship-building skills
• Excellent organizational skills and control focus
• Ability to work well under pressure
• Superior attention to detail and process-orientation
• Expert in Microsoft Excel required and some SQL experience

Preferred qualifications, capabilities and skills

• Knowledge of Basel III rules and/or experience with Basel regulatory capital rules preferred
• Knowledge of Alteryx, Databricks or Python is a plus
• Advanced degree in a related field
• Experience in a production or operations environment preferred
• Experience in project management, creating scorecards and visualizations/dashboards preferred
• Experience/supporting background related to driving large initiatives across multiple functional groups preferred
• Experience/knowledge of credit risk management and reporting

Additional Information

To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co. will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit, including optional practical training (OPT) or curricular practical training (CPT).

About the Team

Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.

About the Company

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans